
28 August 2016 | 2 replies
If I can't deliver they know its a deal and I have to hand it over.The seller is happy too, he gets his real estate issue solved, though you buy at a discount, cash buys makes this much easier.
29 August 2016 | 3 replies
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9 September 2016 | 12 replies
@Patrick Philip,Well, banks are "flush with cash" these days, but no, they do not have unlimited funds.Also, when banks lend, they impose certain restrictions on the loans, the borrower, the collateral, the terms of the loan, etc. so the note can be sold in the secondary market or be insured by government-sponsored agencies like Fannie Mae, Freddie Mac, etc.Private lenders ("OPM") typically don't write loans to sell them, and typically are interested in the deal rather than the borrower's details.Using OPM down usually means putting some kind of partnership, joint venture, etc. together so the source of the down payment is less of an issue or a non-issue to the lender(s).Dunno if that helps...

1 September 2016 | 5 replies
If it's just a single family home you could look at getting a million dollar umbrella policy to cover any issues.

31 August 2016 | 18 replies
Interesting, especially the issue of potential conflict of interest.Disclosure is important here

4 February 2017 | 10 replies
The issue is that a lot of issues popped up on the inspection.

29 August 2016 | 4 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

30 August 2016 | 18 replies
@Mike Vann I will send you a message with the link to the groups website.

30 August 2016 | 12 replies
My plans is to stay within arms reach of my home (Paramus) so that I can manage issues the may arise
29 August 2016 | 5 replies
The only issue with that is that it will make it more difficult to sell them individually in the future.